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Fairness: How to Achieve It and How to Optimize in a Fair-Division Procedure

Michael Jones, Stanley Cohen 

March 2004, Volume 97, Issue 3, Page 170

Abstract:
Three fairness criteria and an algebraic procedure that can be used to fairly divide items between two people. How an individual can use information about an opponent's preferences for disputed goods to maximize a return under the procedure, thereby introducing optimization without calculus.

Keywords:
Article
Conceptual Development
Grades 9-12
Connections / Applications
Teacher
Problems
Quadratics
Problem Solving / Problem Posing